Business, 08.05.2021 01:00 JvGaming2001

Suppose the spot exchange rate for the Canadian dollar is Can$1.07 and the six-month forward rate is Can$1.04. a. Which is worth more, a U. S. dollar or a Canadian dollar? Canadian dollar U. S. dollar b. Assuming absolute PPP holds, what is the cost in the United States of an Elkhead beer if the price in Canada is Can$2.84? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) Cost in U. S. dollars $ c. Is the U. S. dollar selling at a premium or a discount relative to the Canadian dollar? discount premium

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 08:30

Match each item to check for while reconciling a bank account with the document to which it relates.(there's not just one answer)1. balancing account statement2. balancing check registera. nsf feesb. deposits in transitc. interest earnedd. bank errors

Answers: 2

Answer

Business, 22.06.2019 21:10

Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.

Answers: 3

Answer

Business, 23.06.2019 00:30

5. if you were to take a typical payday loan for $150, with an interest rate of 24.5% due in full after two weeks, what is the total amount you would have to repay? a. $186.75 b. $174.50 c. $157.33 d. $153.67

Answers: 1

Answer

Business, 23.06.2019 00:50

Janis owns and operates a store in a country experiencing a high rate of inflation. in order to prevent the value of money in her cash register from falling too quickly, janis sends an employee to the bank four times per day to make deposits in a interest-bearing account that protects the store's revenues from the effects of inflation. this is an example of the (menu costs/ unit of account costs/ shoesleather costs) of inflation. pick one

Answers: 3

Answer

You know the right answer?

Suppose the spot exchange rate for the Canadian dollar is Can$1.07 and the six-month forward rate is...

Questions